Mirion Technologies (MIR) Scheduled to Post Quarterly Earnings on Tuesday

Mirion Technologies (NYSE:MIR) is scheduled to be announcing its earnings results after the market closes on Tuesday, October 29th. Analysts expect the company to announce earnings of $0.10 per share for the quarter. Mirion Technologies has set its FY24 guidance at $0.37-0.42 EPS and its FY 2024 guidance at 0.370-0.420 EPS.Investors interested in participating in the company’s conference call can do so using this link.

Mirion Technologies (NYSE:MIR) last posted its quarterly earnings results on Thursday, August 1st. The company reported $0.10 earnings per share for the quarter, beating analysts’ consensus estimates of $0.07 by $0.03. Mirion Technologies had a negative net margin of 7.80% and a positive return on equity of 3.81%. The company had revenue of $207.10 million for the quarter, compared to the consensus estimate of $210.77 million. During the same period last year, the company posted $0.08 EPS. The firm’s quarterly revenue was up 5.0% compared to the same quarter last year.

Mirion Technologies Trading Up 1.3 %

MIR opened at $14.36 on Friday. The company’s 50 day moving average is $11.45 and its 200-day moving average is $10.89. Mirion Technologies has a 1-year low of $6.70 and a 1-year high of $14.80. The company has a current ratio of 2.18, a quick ratio of 1.55 and a debt-to-equity ratio of 0.44. The company has a market cap of $3.27 billion, a P/E ratio of -35.02 and a beta of 0.79.

Wall Street Analysts Forecast Growth

Separately, B. Riley assumed coverage on shares of Mirion Technologies in a research note on Thursday, September 26th. They issued a “buy” rating and a $14.00 price target on the stock.

Insider Buying and Selling

In related news, CEO Thomas D. Logan sold 7,500 shares of Mirion Technologies stock in a transaction that occurred on Tuesday, September 24th. The shares were sold at an average price of $10.47, for a total transaction of $78,525.00. Following the sale, the chief executive officer now directly owns 1,544,017 shares in the company, valued at $16,165,857.99. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. In other news, insider Loic Eloy sold 22,139 shares of the business’s stock in a transaction that occurred on Tuesday, August 6th. The shares were sold at an average price of $9.91, for a total value of $219,397.49. Following the transaction, the insider now owns 177,663 shares in the company, valued at approximately $1,760,640.33. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Thomas D. Logan sold 7,500 shares of the business’s stock in a transaction that occurred on Tuesday, September 24th. The stock was sold at an average price of $10.47, for a total transaction of $78,525.00. Following the completion of the transaction, the chief executive officer now owns 1,544,017 shares in the company, valued at $16,165,857.99. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 42,139 shares of company stock worth $433,422 in the last ninety days. Company insiders own 2.20% of the company’s stock.

Mirion Technologies Company Profile

Mirion Technologies, Inc provides radiation detection, measurement, analysis, and monitoring products and services in the United States, Canada, the United Kingdom, France, Germany, Finland, China, Belgium, Netherlands, Estonia, South Korea, and Japan. It operates through two segments, Medical and Technologies.